UnknownUnicorn3942995

XLM consolidating before a big move up!?

Long
UnknownUnicorn3942995 Aktualisiert   
BINANCE:XLMBTC   Stellar / Bitcoin
In my previous analysis (linked) I spoke about the importance of the 880sats Weekly Support which represents the top of XLM's previous accumulation zone. Price is testing this Support for a 3rd time now, if this level continues to hold and a bullish candle is formed it would confirm a Higher Low on the HTFs. This would be very similar to what occurred on the 703sats Weekly Support just before the most recent move up. Are we about to see a bullish run to test the next Weekly Resistance of 1628sats or will the 880sats level be lost?
Kommentar:
Weekly Support of 880sats lost, price likely headed for the next Weekly Support of 703sats.
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